19
Nov
Goldman Sachs Research is forecasting another solid year of global economic growth in 2025. Economists at the renowned US firm project that the US will outperform expectations while the euro area lags behind amid fresh tariffs anticipated from the Trump administration. Worldwide Gross Domestic Product (GDP) is predicted to expand 2.7% next year on an annual average basis, just above the consensus forecast of economists surveyed by Bloomberg and matching the estimated growth in 2024. US GDP is projected to increase 2.5% in 2025, well ahead of the consensus at 1.9%. The euro area economy is expected to expand 0.8%,…